Vice President, Accounting & Finance

Organization: Dallas Wings

Position Title: Vice President, Accounting & Finance

Reports to: Chief Administrative Officer

Location: Dallas, TX

Search Contact: Prodigy Search

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BACKGROUND

The Dallas Wings are a professional basketball team based in Arlington, Texas, competing in the Western Conference of the Women’s National Basketball Association (WNBA). Originally founded in Detroit before the 1998 WNBA season, the franchise later moved to Tulsa, Oklahoma in 2010, and relocated to Dallas prior to the 2016 season. The Wings play their home games at the College Park Center on the University of Texas at Arlington campus.

In recent years, the organization has continued to invest in its long-term growth with the development of a new state-of-the-art practice facility and future plans for a new arena—further underscoring the team’s commitment to the Dallas-Fort Worth region and the advancement of women’s professional basketball.

SUMMARY

The Dallas Wings are searching for a Vice President, Accounting and Finance to oversee the function for the organization. The scope of this role is broad, consisting of transactional, reporting, and forecasting for the Dallas Wings and our foundation. This role is a “Captain” role that runs the department but is also doing the work.  

This position creates financial transactions and creates financial reports from that information. The creation of financial transactions includes posting information to accounting journals or accounting software from such source documents as invoices to customers, cash receipts, and supplier invoices. This role handles cash flow projections and capital calls as needed. 

This position is accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.

RESPONSIBILITIES

Strategic Responsibilities

• Guides financial decisions by establishing, monitoring, and facilitating policies & procedures
• Protects assets by establishing, monitoring, and facilitating internal controls
• Recommend benchmarks against which to measure the performance of company operations
• Provide financial analyses as needed
• Provides cash flow projections & make recommendations for how to manage
• Calculate and issue financial analysis of the financial statements
• Achieve budget objectives by scheduling expenditures, analyzing variances, and recommending corrective action

Reporting Responsibilities

• Issue timely and complete financial statements
• Coordinate the preparation of the corporate annual report
• Calculate and issue financial and operating metrics
• Manage the production of the annual budget and forecasts
• Provide for a system of management cost reports
• Assemble information for external auditors for the annual audit
• Comply with local, state, and federal government reporting requirement

Transactional Responsibilities

• Maintain the chart of accounts
• Maintain an orderly accounting filing system
• Maintain a system of controls over accounting transactions
• Ensure that accounts payable are paid in a timely manner
• Ensure that all reasonable discounts are taken on accounts payable
• Ensure that accounts receivables are collected promptly
• Ensure that periodic bank reconciliations are completed
• Issue invoices to customers
• Record cash receipts and make bank deposits
• Maintain the petty cash fund
• Tag and monitor fixed assets
• Close and reconcile months

QUALIFICATIONS

• Education: Bachelor’s degree or equivalent experience is required.
• CPA required
• Minimum of 10 years of accounting & finance experience
• Strongly prefer past agency consulting/audit experience
• Prefer experience in sports industry
• Prefer experience in small businesses and/or start-up businesses
• Prefer experience with NetSuite

Competencies

• Strong communication skills required – this role will interact with strong, action-oriented communication styles as well as strong, methodical, detail-oriented communication styles so this position will need to be able to adjust based on the audience.
• Have a Cost/benefit mind-set. This role will work with people that are “to the penny” and other that are “to the dollar”. The ability to balance pace/accuracy and know when the scales need to tip one direction, or another is required.
• Team-focused with a willingness to set aside personal agendas for the betterment of the team
• Results focused with an eye towards process improvement, quality, and analysis
• Be extremely detailed oriented and organized
• Have excellent interpersonal skills and the ability to maintain positive, productive and supportive working relationships
• Be able to easily adapt to situational changes
• This role is in the office and is not a remote role.
• This role must be willing and able to work extended hours including nights, weekends, holidays, home games, and live events. This is not a 40 hour work week industry.  
• This role is expected to attend ALL home games, as well as other live events that may take place on holidays or weekend

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CONTACT INFORMATION

Founded in 2007, Prodigy Search, located in the New York City suburb of Freehold, NJ, boasts over 80 years of experience in the sports and entertainment business. As a renowned nationwide leader in senior-level executive search, Prodigy Search has honed its business principles and expertise, establishing itself as one of the largest boutique recruiting agencies in North America. Simply, Prodigy Search is Where the Best Brands Come for the Best Talent.

No phone calls please. For any additional questions, please email info@prodigysearch.net.